Russian lawmakers approve tax hike bill to boost economy as the war with Ukraine nears 4 years

https://apnews.com/article/russia-economy-tax-vat-budget-war-ukraine-fbdcc44e609d6ae0a29552cf00c6891b

by JaB675

7 comments

  2. Why is there no news of Ukrainian lawmakers uncovering insane corruption among Zelensky’s friends? NABU/SAP are doing work, yet no news of it here. Russians can do whatever. Sadly, they are winning on the battlefield. What about Ukraine?

  4. I’ve heard from 2 sources now that Russia is selling oil for less it costs to sell it

    Also that Russian money printing is reaching a dangerous scale, which implies future hyper inflation

    The central bank is apparently pre emptively preventing people taking money out of the banks because they fear bank runs. They are shutting down in effect your ability to make large payments, which will just debilitate the economy even further

    This is on top of the fuel crisis, the coming bankruptcy crisis and everything else already going on.

    Russian taxes are already unsustainably high. They are one of the big reasons a huge economic crisis is brewing. But sure, Russia will break Ukraine and Putin will prove hes the big man he pretends to be. Better do that quick before the country collapses around him and he can’t even pay for North Korean bullets.

    I’ve actually heard from an economist that realistically Putin may be forced to the table for meaningful talks soon. The financial situation is becoming that serious.

    Probably this Trump – Putin nonsense proposal is a strong preliminary indication that Putin will soon feel forced into real talks

  5. They already have protests against the raise in VAT taxes. This will just put more fuel on the fire.

  7. “Press the “Boost Economy” button? <slaps forehead> Why didn’t we think of that sooner!?

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